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Snezhnost [94]
3 years ago
10

What is the rate of return when 30 shares of Stock

Business
1 answer:
sattari [20]3 years ago
6 0

Answer:

-0.67%

Explanation:

We are told that 30 shares of Stock are purchased for $30/share..

This gives a total value of: 30 × 30 = $900.

Now,they are sold for $900 with a commission of $6. This means the final money getting to the seller is; 900 - 6 = $894.

Thus; rate of return percentage = (894 - 900)/894) × 100% = -0.67%

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On June 30, 2021, Mabry Corporation issued $5 million of its 8% bonds for $4.6 million. The bonds were priced to yield 10%. The
Vedmedyk [2.9K]

Answer:

D. $30,000

Explanation:

The bond is issued on discount when the issuance price is less than the face value of the bond. The discount is expensed over the bond period until maturity. It is added to the interest expense value to expense it.

This discount will be amortized using Effective Interest method as below

Interest Payment = $5,000,000 x 8% x 6/12 = $200,000

Interest Expense = $4,600,000 x 10% x 6/12 = $230,000

Discount amortization = $230,000 - $200,000 = $30,000

5 0
3 years ago
When a corporation issues bonds, the price that investors are willing to pay for the bonds depends on all of the following EXCEP
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B. The call price of the bonds
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2 years ago
Your retirement fund consists of a $5,000 investment in each of 18 different common stocks. The portfolio's beta is 1.10. Suppos
serg [7]

Answer: 1.13

Explanation:

New Beta = Beta + Increase in beta per portfolio

Increase in beta as a result of purchase of new stock

= New stock beta - sold stock beta

= 1.5 - 0.5

= 0.5

Increase in bet per portfolio

= 0.5/18 stock

= 0.02778

New Beta = 1.1 + 0.02778

= 1.12778

= 1.13

3 0
3 years ago
The cost object(s) of the activity-based costing method is(are): Multiple Choice The time period. The production departments of
MArishka [77]

Answer:

The production activities of the company.

Explanation:

The activity-based costing will look for different activities in the production process rather than dividing into department or jobs to determinate the overehad cost per unit

Once these activities are identified it will calcualte the cost pool of the activity and look for the appropiae cost driver to distribute among the products.

6 0
3 years ago
To what extent do you think Semler would succeed as a leader in other types of organizations
iren2701 [21]

Answer:

to a large extend

Explanation:

Remember Semler's business was a marine-pump  business, which he transformed into a multi national business.

He did so by:

  1. democratizing his workplace, which could be done in other types of organisations.
  2. changing  his  own  leadership  style  by giving workers more control. Thus even in other types of organisations positive leadership style changes could be successful.
8 0
3 years ago
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